Koenigstadt Brack

What Koenigstadt Brack does

Königstadt Brack GmbH is a Berlin-based property management company offering three core service lines: Wohnungseigentumsverwaltung (condominium / homeowner association management), Mietverwaltung (residential rental management), and Gewerbeverwaltung (commercial property management, including mixed-use buildings with retail, medical, office, and gastronomy tenants). The firm holds the §34c Gewerbeordnung permit required to operate property management services in Germany and is supervised by Bezirksamt Charlottenburg-Wilmersdorf. Customers are served by a dedicated personal contact partner supported by a 24/7 online customer portal (web and mobile app) built on the Aareon CRM platform, enabling self-service communication without phone, email, or postal correspondence.

The company is 100% owned by the Fred und Carla Lottberg Stiftung, a nonprofit foundation established by former CEO and shareholder Dr. Alfred Lottberg and his wife Carla. Profits are directed toward supporting spastically paralyzed children with economic need, giving the firm a social mandate distinct from shareholder-return-driven competitors. The current leadership comprises Managing Director Heike Lemiss and Supervisory Board Chairman Dariush Ghassemi-Moghadam. The headquarters is located at Kurfürstendamm 33 in Berlin, with standard business hours Monday through Friday.

The business model is fee-based property management, with revenue generated from recurring management charges to property owners and homeowner associations. Services are sold through direct, relationship-based sales supported by free non-binding consultations, with customer acquisition reinforced by referrals from an embedded network of craftsmen, architects, lawyers, and tax advisors. The firm operates exclusively within Berlin, with no disclosed expansion into additional geographies, segments, or product lines. Web analytics are handled internally via the open-source Matomo platform, and data is processed in compliance with GDPR.

Name

Koenigstadt Brack

Legal name

Königstadt Brack GmbH

Website

https://koenigstadt.de

Company type

Private

Founded year

1871

Operating status

Operating

Headcount range

51–100 employees

Short description

Königstadt Brack GmbH is a Berlin-based property management company serving homeowner associations, private landlords, and commercial property owners with WEG, rental, and commercial management services via a 24/7 Aareon-powered customer portal. The firm is 100% owned by a nonprofit foundation.

Ownership category

akta.pro rank

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Immobilienverwaltung (Property Management) Services: The company generates revenue through professional property management services, including residential rental management, condominium (WEG) management, and commercial property management. Revenue is derived from management fees charged for administrative services to property owners and homeowner associations.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Königstadt Brack GmbH provides professional property management services in Berlin and surrounding areas, encompassing Wohnungseigentumsverwaltung (condominium/owner community management), Mietverwaltung (rental property management), and Gewerbeverwaltung (commercial property management) for mixed-use buildings. Services are delivered to property owners and homeowner associations with a dedicated personal contact partner, supported by a 24/7 online customer portal integrated with Aareon CRM. The firm charges recurring management fees customized per property and client, and operates under a §34c GewO permit issued by Bezirksamt Charlottenburg-Wilmersdorf.

Product overview

Koenigstadt Brack offers a unified property management platform comprising three core service offerings: Wohnungseigentumsverwaltung (condominium/owner community management), Mietverwaltung (rental property management), and Gewerbeverwaltung (commercial property management). These are supported by an Online Kundenportal (customer portal) powered by Aareon CRM, providing 24/7 access for customers via web and mobile app. The company has been managing properties in and around Berlin for multiple generations.

Differentiator

Problem solved

Functional benefit

Products and services

• Wohnungseigentumsverwaltung (Condominium / Owner Community Management)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

One partnership is on record.

• Handwerker, Architekten, Rechtsanwälte, Steuerberater (Craftsmen, Architects, Lawyers, Tax Advisors Network)minorOthersThe company maintains an extensive professional network of craftsmen, architects, lawyers, and tax advisors to support comprehensive property management services. This network enables coordinated service delivery for property maintenance, renovations, legal matters, and financial administration.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Vonovia SE: Germany's largest residential landlord and property manager with a portfolio of several hundred thousand units nationwide. Comparable in residential rental management (Mietverwaltung) and WEG administration services, though at vastly greater scale than Königstadt.
• Deutsche Wohnen SE: Major Berlin-headquartered residential landlord and property manager following Vonovia merger. Comparable as a large-scale operator in the Berlin Mietverwaltung and WEG management market where Königstadt competes for mandates.
• Grand City Properties SA: European residential specialist managing tens of thousands of units including a meaningful Berlin portfolio. Comparable in Miet- and WEG-Verwaltung services for urban multifamily portfolios.
• LEG Immobilien SE: One of Germany's largest listed residential property companies, managing rental portfolios and offering WEG services. Comparable as a portfolio-level provider of Mietverwaltung and condominium administration services in the German market.
• TAG Immobilien AG: Listed German residential property company with a significant Berlin portfolio providing Miet- and WEG-Verwaltung services. Comparable in residential rental and condominium management across German metropolitan markets.

Regional players

• WBM Wohnungsbaugesellschaft Berlin-Mitte mbH: Berlin municipal housing company managing tens of thousands of residential units across central Berlin. Comparable as a Berlin-focused residential and mixed-use property manager competing for the same local mandate pool.
• GESOBAU AG: Berlin's largest municipal housing company managing over 45,000 units in the capital. Comparable in residential Mietverwaltung and WEG administration services focused on the Berlin market.

Others

• Aareon Deutschland GmbH: Aareon is the CRM platform Königstadt integrates with via its customer portal and is also a major property management software provider in DACH. Comparable as the underlying technology ecosystem and shared client base across German property managers.
• PATRIZIA SE: European real estate investment manager and operator with a strong German residential footprint including Berlin. Comparable as a competitor and ecosystem participant offering property management, asset management, and investment services for residential portfolios.
• ACCENTRO Group AG: Berlin-headquartered real estate company focused on apartment sales, privatization, and management. Comparable as a Berlin-rooted operator with overlapping Mietverwaltung and WEG administration activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Koenigstadt Brack